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***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County's AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County's commitment to affordable housing has generated a "fast track" permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to "Open/Mitigated space".PROPERTY FEATURES
Utilities Available : Above Ground
Utilities to Site : Electric
Water : Meter on Property
Neighborhood : Riverford
Fencing : Full
Site : Easement Access,Street Paved
Current Use : Residential
Highest Best Use : Possible Subdivision
Additional Property Use : ORMKS
Structures: Out Buildings
Miscellaneous : Value in Land
Zoning : V (7.3)
Other Fee Type : N/K
PROPERTY DETAILS
Street Address: 10270 Riverford Rd
City: Lakeside
State: California
Postal Code: 92040
County: San Diego
MLS Number: 230014118
Courtesy of Over the Top Realty
City: Lakeside
State: California
Postal Code: 92040
County: San Diego
MLS Number: 230014118
Courtesy of Over the Top Realty
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